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Search Results 0 to 33 of about 34 (some duplicates have been removed)
from the senate majority leader harry reid overnight really sparked some jitters in this session today, so we have red across the board. the shanghai composite, it is well and truly below that 2011 level, shedding another .9 of a percent. the hang seng was feeling some of that pressure from chinese stocks and shedding .6 of a percent. it was the mainland banks that were the culprit. they didn't fare as badly if the mainland. some capital requirement rules are going to be implemented that are raising concerns about loans and the ability of these major banks to give out loans the remainder of year. we have the kospi in south korea down .7 of 1%. we had a north korean launch site showing increased activity. that just increased the jitters in this market. the japanese markets, they have really been on a rally, on a roll, on a tear over the last few weeks. the nikkei 225 has gained more than 9% just the last two weeks alone. the yen had something to do with this. it did strengthen a little bit against the dollar, and it continues to do so, down about half a percent as you just mentioned. so
is out of the hospital tonight. the senator checketd himself into walter reid yesterday for what she called a routine procedure. no word on that what that was. he is 89 now. he won the republic nomination in '96 but lost to president clinton. i'm shepard smith. this is the fox report. it's the bottom of the hour, time for the top of the news. and you know that one friend who just won't let you get a word in edge wise, the u.s. senate has a friend like that. his name is filibuster. it's really a technique that lawmakers use to hold the legislation that they don't like. a senator or group of senators refuses to get off the floor and that group can kill the bill that way. now, the senate majority leader harry reid is threatening to push for a change to the filibuster rules that would give minority members less power. but the minority leader mitch mcconnell says that would be the equivalent of blowing up the senate. doug mckelway with the news live on capitol hill for us tonight. doug, they call it the nuclear option. >> yeah, they call it the nuclear option because the party that exerci
. majority ritter harry reid hopes the senate to work, 2013 defense program. off of the 4 u.s. ambassador susan rice meet with republican senators discussing the september attack on the consulate in benghazi, libya and she will talk with susan collins and senator bob corker. yesterday she sat down with senator mccain, gramm and ayat. senator mccain told reporters the information she gave the american people was incorrect, but a spontaneous demonstration triggered by hateful video. it was not and there was compelling evidence that the time that was certainly not the case. the house transportation and infrastructure committee is holding at hearing on amtrak's restructuring plans. the committee will hear from the inspector general and amtrak's president and representative from the united transportation union live at 10:00 eastern on our companion network c-span. [applause] >> last night secretary of state condoleezza rice and chancellor of the new york city public schools joel kline had a somewhat on education reform in washington examining america's education system and the impact on nation
reid on the floor of the senate only moments ago. listen to him. >> unfortunately there is one obstacle standing between you and congress to compromise, grover norquist. for years he has bullied lawmakers willing to put their oath of office or promise to serve constituents ahead of their pledge to this antitax zealot. his brand of ideological extremism has been bad for congress and even worse for the country. i was pleased to see republicans in congress distance themselves from norquist this week. i appreciate that very much. bill: here now to react. grover norquist, americans for tax reform. good morning to you. >> sure. bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than
be reached. this comes on the heels of yesterday when you had harry reid expressing caution about the fact things ar were nt going that well. we are seeing the market to the downside, they have improved and you can see it spiked up. alaska mitra said to them. dagen: speaking of house speaker john boehner, he said he is optimistic. >> i'm optimistic we can work together to avert this crisis sooner than later. connell: we also want to show you this, this is skepticism from who you would think would be a major player in the deficit talks. >> i am really worried we have a probability we could go over the cliff, and that would be catastrophic. not to go over the cliff, we have to compromise, have to have revenue. the problems are real, the solutions are painful, no easy way out. the only way you can do this ifs to have a balanced approach and that is where people are headed. connell: matt welch is here. what do you make of all this, matt? >> there is nobody at the table actually interested in cutting the size of the government. that seems strange to democrats who think we're living in some sort
the fiscal cliff to prove his mandate? maybe. joining me now are joy reid, managing editor of the grio and robert reich, former labor secretary and professor at the university of california berkeley. joy, are you feeling sorry for grover norquist yet? >> immensely. he's such a lonelily l man. the senate is gone. enough republican senators have signal they're going to play ball. this is about the house of representatives and really for john boehner, everything changes in a good way for him. if we go off the curb or the cliff on january 1st, he won't be dealing with that tea party caucus and that's the bee in his bonnet that doesn't want to make a deal and by the way, a lot of them are are out the door. so greg's reporting is interesting because it signals that the white house has a public posture in which they say no, we dare not go off the cliff but we're going to get those tax rates increased and the reporting i've done tonight is that there's going to be additional meetings. this was the private version of the public meetings they did last week. now, they've been doing them in privat
bizarre that the leader of the democrats in the senate, harry reid, attacks me personally. the american people don't want their taxes raised. they have kind of signaled that in the most recent senate election where harry reid's guy lost and the anti-tax candidate won in nevada. so the tax issue is a powerful issue. i understand it comes with the territory, that people attack me personally. it doesn't bother me. i'm very comfortable in my own skin. if they want to waste their time personally attacking me, they're free to do so. but taxes are too high. spending is too high. this needs to be changed and i think the american people will make it clear as time unfolds that raising taxes is not where they want to go. >> grover norquist, thanks very much for joining us. >> thanks, wolf. >>> let's get another point of view right now. joining us, dick durbin, assistant majority leader, the senator from illinois. senator, thanks very much for coming in. we just heard from grover norquist, several republicans on capitol hill this week have said they would consider defying his pledge but for some of
working on the defense authorization bill. harry reid has been talking about the brugget cuts and tax increases and here he is speaking to reporters just after the caucus lunch. it's about 10 minutes. >> we are -- we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republic carns, which is a indictment -- republicans, which is a disappointment to me. we only have a couple of weeks to get something done. we have to get away from the happy talk and start talking about specific things. and one month taxes are set to rise for all americans. we passed in the -- we passed in the senate a piece of legislation to protect people making less than $250,000 a year. we have rejected on a bipartisan basis the republicans' efforts to extend the tax cuts for everybody. those are the two majors we have dealt with on the senate floor. if we fail to reach an agreement, the average middle-class family will see their taxes go up by 2,200 a year. as i have indicated,
harry reid and mitch mcconnell sent stocks to session lows. this morning we look to open to the downside. implied open down 25. s&p looking to lose five. beige book home sales ahead. as for picture in europe, a bailout for four spanish banks getting approval from the eu. still stocks are down. italy down by almost one full percentage point. road map for the morning starts off with the fiscal cliff. the president meeting with more ceos today bringing his plan straight to the people culminating in an appearance in a factory later this week. >> costco joins the dividend parting initiating a $7 a share payout on top of the regular dividend. >> and a shake-up at groupon. the board may be considering co-founder being released. >> there's powerball fever. 500 million big ones in the pot. how would you spend the money and how does the fiscal cliff factor in? we'll talk strategy with a former lottery winner. >> we begin with the fiscal cliff. this afternoon president obama is scheduled to meet with several business leaders including ceos of home depot, macy's, caterpillar and at&t but futures are
reid and speaker john boehner by phone on saturday when you see him this week he will be getting by with a little help from his friends ordinary unelected americans. joining us professor of economics at the university of michigan justin wool fers. great to see you. before i ask for your economic analysis i want to pose one question to my colleagues in new york, that is really about the optics of the president going straight forward and straight to the kisser as it were on the bush tax cuts, not really even talking about the fiscal cliff or the debt limit which looms in february or march. >> as we know there is no real fiscal cliff. it's more of a curve or a mole hill. it's serious and real but not going over the cliff. if there is something of a cliff-like situation, it's playing to the president's advantage. december 31st what he doesn't want, the bush tax cuts for the rich, will be gone. they'll also be gone with the middle-class tax cuts. two years ago the republicans tried to hold the president hostage and said listen, if you don't give us the bush high-end tax cuts we're not
and majority leader senator reid from nevada. both won reelection in 2010. over a year later in march 2011, bracer are still had no love. they sent e-mail to jonathan silver who is executive dirt of the energy department phone guarantee program. he was responsible for making sure these loans went through. woolard wanted software to review a draft e-mail that the chairman of the board of bracer synergy was planning to send to william daley, who was then chief of staff to president obama at the white house. and this is from the e-mail. either e-mail or call and you can with suggestions woolard wrote. the e-mail stated the white house needs to focus on finalizing the loan guarantee for what would be the largest solar project in the world. bracer's energy was conditionally approved more than a year ago and is in the final stages of being completed. we need a commitment from the white house for a long closure between allenby india d. by march 18, end quote. a house energy and commerce subcommittee meeting last may, chairman jim jordan said to woolard, quote, you're asking the guy in charge of m
. >> and wolf, just moments ago, the senate majority leader harry reid released a statement, very, very direct and pretty critical of those republican senators who were critical of susan rice. really defending susan rice, and he was talking about the republican senators saying the election is over. it's time to drop these partisan political games and focus on the real challenges facing the nation. he said that these attacks on susan rice are unfounded and they don't jive with reality. i can tell you that senator joe lieberman who is the chairman of the homeland security committee came out of a separate meeting with rice and said he he found her answers satisfying and he would vote for her for secretary of state if he was voting. >> thanks very much, dana bash. with that looming on capitol hill, the looming battle over the so-called fiscal cliff. >> there's a lot going on. a lot of battles going on. specifically on capitol hill, that's for sure. lawmakers have just 35 days to reach a debt reduction deal. otherwise, huge spending cuts and steep tax hikes will automatically take effect and affect
ler than the end of the year, but we'll see. >> reporter: senate majority leader harry reid said before the break that they hoped to have another meeting with the president this week. randi? >> athena jones, thank you very much. the fiscal cliff wasn't on the president's mind while he was out christmas shopping though the reporters tried to ask him about it. the president and this daughter sasha and malia stopped by. the president bought 15 children's zbiks to be given to family and friends. the president's daughter sure to be sad about this next one. their beloved justin bieber is losing the top spot on youtube. korean top star psy now has the most watched video on youtube ever. it edged out the biebs and his 2010 song "baby." the dance craze inspired more than 850 mill iion viewers on youtube. ♪ i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ]
're not going to stop the front four of anybody else. >> problematic. hey, with any luck, andy reid will be coaching the packers next year. >> or rex ryan. >> hey, we'll give you rex. you want rex ryan? >> we're happy with our coach. i would not want to be andy reid. >> no. >> he's going to san diego, barnicle tells me. >> he'd be on san diego next year. >> let's talk about what's in politico. you want to do that? >> love to. >> okay. so fiscal cliff is all the talk of washington, obviously. but you guys are writing this morning, your headline about the other fiscal fight, which is, again, the debt ceiling. >> yeah, i think people forget we have essentially three blink moments, sequestration, the debate, and we hit the debt limit probably some time in february. and you have to raise the debt limit unless you take the posture that some folks in the democratic party are recommending and saying just raise it unilaterally, have the president do that. i don't think that's what they want to do right now. in the past, congress has had to raise that debt limit. and as you know, house republ
leader harry reid said let's not mess with social security, signals from the white house indicating they're not going to touchdown social security, maybe medicare, medicaid, but not social security and republicans will say, wait a minute, you're not serious. we're giving ground on revenue, you got to give ground on spending. and, brooke, i think the biggest thing here is that this bill, if they get a bill, is going to be so unpopular because it is going to raise taxes and it is going to cut benefits and getting the votes to pass this is going to be enormously difficult. >> you bring up the benefits issue. let me run through this, because it brings us back to the possibility of no deal whatsoever. again, on the automatic tax increases come january 1. we're talking about a lot of stuff here. the bush era tax cuts expire. as does the president's so-called payroll tax holiday on social security deductions, follow along with me, the so-called marriage penalty returns full force, you also have extended unemployment set to expire here. and the child tax credit drops by half. capital gains go up
, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you believe more republicans will stick by this? >> what we're finding out right now zoraida is that there's a little bit of coming to jesus moment about how to fix the fiscal cliff. for republicans perhaps it is going to be higher taxes. for democrats there's going to have to be some changes to entitlement reform. but grover norquist has been really the person pushing this no tax pledge, has been on our airwaves. he's been talking a lot about it. let's hear what he had to say about republicans who might break the pledge. >> no pledge taker has voted for a tax increase. they've had some people discussing impure thoughts on national
and programs that brought us to political life. >> brown: for his part senate page ontario leader harry reid declared himself extremely hopeful even as the end of the year and the end of the current congress rapidly approach. as this debate has unfolded we've been sample ago variety of voices of on what should be done. tom price of georgia is chairman of the republican policy committee. democrat keith ellison of minnesota is co-chair of the congressional progressive caucus. i spoke with them a short time ago from the cannon house office building. congressmen, welcome. congressman price let's start with taxes because there's been much talk in recent days about whether your party is ready to move away from the no tax increase pledge put forward by grover nor quist. are conservative house republicans ready to do that? do you feel bound by that pledge? >> tax rates going up, having tax rates go up is not wise for the economy. that we have put on the table in our past two budgets are to address tax revenues having revenues increase by way of closing the loopholes, limiting the deductions, limitin
reid said about that. >> we would be somewhat foolish to work out something on the cliff and is six weeks later republicans could pull the same game they did before. >> dana, any indication progress is being made on this or just more roadblocks coming into the picture? >> you know, i was just as a breakfast where bowles and simpson were speaking, and it was a very gloomy and pessimistic affair, and erskine bowles was saying he sees barely eve an one-third possibility of avoiding the fiscal cliff. it appears everybody is just posturing right now. the president is doing it, congressional leaders are doing it. the few who do seem to be willing to compromise are for now the outliers. in fact, more obstacles are being thrown up, and we've got all of ten legislative days left in which to fix this problem. >> well, gloomy and pessimistic are not the words that we want to hear or i think, clarence, that we expected to hear because it seems that before the election there was actually some uniform opinion this absolutely was going to get done by the end of the year. what changed? >> well, it'
after what, 13, 14 years, eagles' head coach, this could be the swan song for andy re reid. could be out of there. certainly a rough season in the city of brotherly love this year the end of an era possibly for eagles football. my second favorite team. >> saints and eagles have eight wins this year. how many losses. won't do that. >> you are right. >> seven straight losses this season. started 3 and 1. >> ugly. ugly. ugly. ugly. >>> all right. coming up, one of the most unforgettable military takedowns in american history and the heroine who made that happen. >> first, a huge internet retailer's operation on cyber monday. who has been tracking your online shopping habits this season? you are watching "world news now." ♪ the only place you want to be is underneath the christmas tree ♪ ♪ hang me up and put me on top >> announcer: "world news now" weather brought to you by febreze air effects. >> announcer: "world news now" weather brought to you by febreze air effects. take a deep breath for me. describe the smell. it's very pleasant. fresh. some kind of flower maybe? remove the blin
of representatives, the honorable nancy pelosi. [applause] >> good morning. speaker, leaders reid and mcconnell. today when congress bestows the congressional gold medal on arnold palmer, we will be honoring a living legend. he is an icon of american sports and a success in all of his endeavors. a humanitarian, businessman, philanthropist. he personifies the american dream, the idea that anyone can travel as far as their talent will carry them. we think him for his service in the coast guard, for protecting that american dream for all americans. born to humble beginnings and raised in latrobe, pennsylvania, arnold rose from blue-collar roots to becoming the king, the king of golf. as king of golf, he raised up arnold's army. he always demonstrated etiquette, courtesy and friendship to fans and competitors alike. as arnie's army followed him on the course, he taught everyone about perseverance and discipline. he taught us that you can be six strokes ahead, and still lose. but you can be strikes -- six strokes behind and still win. as he said, he always made a total effort, even when the odds see
and he doesn't want to be we've learned an awful lot about how the president and harry reid behaved behind closed doors from woodward's book, at a don't think it reflected well on the white house. but let's see that. the second point, and these are i think very both doable, and the second one is that whatever is agreed to do, that he needs to be put in writing and online for seven days so that not just the lobbyists in washington, d.c. can know what is in it, that every american can know what's in and do research and look at and have other people disaggregated and take a look at it before either the house or the senate vote on it. there's a new verb in washington called to be correct, and those of republicans who felt they were sold a bill of kids by the bush white house and the treasure department the treasure department is to do this, do this, it's an emergency. white emergencies require expenditures of money, $350,000,000,000.6 months later strikes me as the question as to whether they've been cheated or not. they think they're being cheated to be transported to be rushed out in
. and the president of the united states called mr. boehner and mr. reid over the weekend. it looks like the president is going to continue the push and meet with the ceo's tomorrow. they upon meet with irskin bowles. he was the co-chair of simpson-bowles commission . mr. bowles had a great plan. he is a democrat, that offered up 800 billion in new revenue and overhaul the tax system and changes to medicare and that's why the republicans are asking the democrats to come in and explain your deal. this plan was hatched in 2010 and everyone walked away from it and now they call bowles back up? it is late. this is what the american people are upset about. nothing gets done. >> steve: we are a month from the cliff. >> gretchen: we could have avoided the cliff if they used the plan as a starting point. americans are upset nothing gets done. >> brian: norquist is the bad guy. you should walk away from grover norquest. he said you have enough money on capitol hill and stop asking us . he's been a watch dog on our money so whether you are democrat or republican you should salute him. he warned you in the past
in washington, senate leaders, they are speaking out. you have democrat harry reid saying the president won the election. and it is time for republicans to fall in line. meantime, republican mitch mcconnell not impressed with the president's plans to go back on the road. take a listen. >> look, we already know the president is a very good campaigner, congratulate him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead it a bipartisan agreement on big issues, like we currently face. >> last year of his campaign, every place he went, that's what he talked about. americans, when they voted, raised their voices and supported our pledge. congress must act in accordance with the will of the american people. >> let's kick this conversation off in washington. republican rand paul of kentucky is joining me, kentucky's junior senator, elected in 2010. you probably know this, it bears repeating here, you're opposed to raising any taxes, anyone's taxes, even some in his party are flirting with compromise on that issue. senator paul, welcome. thank you for
the table for these negotiations this year and that top senate democrat harry reid agreed with that. but republicans say that all entitlements, medicare, medicaid, and social security should be part of these negotiations, be part of this discussion. >> you've got to reform entitlement programs. it's got to be on the able. so far the president has beenen willing to lead on that issue. >> and as steve was saying, ceo's of major businesses will be at the white house today, goldman sachs, cater pillar, macy's and others, will be talking fiscal cliff with the president and a couple of those ceo's, in addition to others o'clock will head up to capitol hill to meet with republican leaders on the same topic. back to you in new york. >> gretchen: all right. thanks so much for that update. now to your other top stories. new video out of syria showing rebels shooting down military helicopter. watch this. [ cheering ] we heard that chant before, that's ala akbar, as the chopper plunges to the ground in a ball of flames. it's reportedly the first time the rebels shot down a helicopter with a sur
and of course majority leader harry reid. it's time to put aside all of these election year gripes and start focusing on how we get the american people back on their feet, healthy, strong and back to work. >> i hate to keep talking about the last election because, you know, we've got to look ahead. nonetheless, there's some very interesting little nuggets out there including one about the fashion line, if you will, that was put out by the obama campaign as a fund raising tool. now, jim messina, the campaign manager, said this, the obama fashion line ended upbringing him just north of $40 million, raise money, register voters, persuade voters, everything has to feed into those three things. now, a lot of people laughed about this, you know -- there you go. look at that. these are things from vera wang, marc jacobs, and it was something of a joke. but $40 million, who's laughing now? what do you think, is this a new tactic for campaigns to use in the future? >> absolutely. look, if you can raise north of $40 million putting a logo on a t-shirt or pocketbook or purse, why not? i mean, the ameri
. >> do we have a reid war in the making. colorado and washington state voted on legalizing, and michelle malcolm. we'll ask her about that. >> a trap set for another animal, but it called a bald eagle instead. who finally came to the rescue of the symbol of our nation. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ man ] whoo-hoo! [ male announcer ] with reddi wip... that's so weird... [ whoosh! ] [ male announcer ] ...a slice of pie never sounded better. oh, yeah! [ male announcer ] that's because it's always made with real cream, never hydrogenated oil like some other whipped toppings. the sound of reddi wip... [ whoosh ] ...is the sound of joy. >> washington state and michelle's home state of colorado, well, they are the first states to legalize marijuana for recreational use and the colorado governor fam
with speaker of the house boehner and senate majority leader reid over the weekend. our team is continuing discussions with their congressional counterparts on this matter and it is entirely appropriate, i would say, both for the president and for leaders in congress, to have this discussion, not just among themselves but with the american people. and that's what the president's doing. that's why he's meeting with business leaders. i assume you wouldn't or critics would not suggest that is a mistake or meeting with civic leaders or labor leaders, because everyone the president's meeting with has both i think useful ideas and a substantial stake in the outcome of these negotiations because it is vitally important that we take action to ensure that, for example, middle-class americans don't see their taxes go up by an average of $2,200 next year. there's no reason for that to happen. because as you know, democrats and republicans alike believe those tax rates should not go up. so let's act on what we agree on. let's demonstrate to the american people that washington can function. that when e
Search Results 0 to 33 of about 34 (some duplicates have been removed)